China tourism booms, bogan exodus tapers

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By Leith van Onselen

The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for August, which continued to show a trend rise in the number of inbound tourists and a reduction of out-bound tourists.

While the number of short-term visitor arrivals rose was flat in August in trend terms, whereas short-term resident departures rose by 0.2% over the month, the ratio of annual arrivals to departures rose to 77.5%, which was the highest level since July 2011 (see next chart).

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.